THE BARGAIN STORE (EIN 823091765) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2017

Legal Domicile

Principal Officer

ELI WEAVER

Phone

3308513442

Tax Period

2024-01-01 to 2024-12-31

THE BARGAIN STORE, founded in 2017, is a small nonprofit in the Human Services sector that reported $586K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $142K, a strong 24% operating margin.

Mission

THE THIFT STORE RECEIVES DONATED HOUSEHOLD GOODS FROM THE GENERAL PUBLIC AND RESELLS THE ITEMS. ALL THE NET PROFITS ARE DONATED TO CHARITY, SPECIFICALLY OLIVE BRANCH MINISTRIES WHICH IS A LOCAL NON-PROFIT 501C3 ORGANIZATION THAT PROVIDES RESIDENTIAL SERVICES, TRAINING OF DAILY LIVING SKILLS, AND SOCIAL SERVICES TO ADULTS WITH INTELLECTUAL CHALLENGES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $7,401

Program Service Revenue $573,844

Investment Income $2,787

Other Revenue $2,116

TOTAL REVENUE $586,148

Expense Breakdown

Grants Paid $27,920

Salaries & Benefits $259,166

Fundraising Expenses $0

Program Expenses $435,072

Other Expenses $156,696

TOTAL EXPENSES $443,782

Year-over-Year Comparison

	2024	2023	Change
Revenue	$586,148	$529,660	+0.1%
Expenses	$443,782	$374,736	+0.2%
Net Income	$142,366	$154,924	-0.1%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$54,400

Total Directors

$76,537

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELI WEAVER	CHAIRMAN	2.00	Officer Director	$0	$0	$0
WILMA OVERHOLT	SECRETARY/TR	2.00	Officer Director	$7,411	$0	$7,411
RUSSELL ZIMMERMAN	DIRECTOR/STO	40.00	Officer Director	$46,989	$0	$46,989
AMANDA WEAVER	BOARD MEMBER	2.00	Director	$0	$0	$0
JANELLE ZIMMERMAN	BOARD MEMBER	28.00	Director	$22,137	$0	$22,137

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$586,148	$443,782	$488,652	$142,366
2023	$529,660	$374,736	$399,497	$154,924
2022	$414,531	$322,312	$292,483	$92,219
2021	$278,821	$287,229	$211,798	$-8,408
2020	$201,301	$186,896	$228,666	$14,405

THE BARGAIN STORE